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Asset Sale, Brand New Bakery And Coffee Shop For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This Bakery and Coffee Shop was opened in November last year with brand new equipment, furniture, and fixtures & fittings. Unfortunately owing to Covid-19 they had to close from 27th March 2020 and have not opened since, as the owners have now decided that they would like to leave the country. Therefore they have decided to sell the business for the price of the Assets.The Owner's asking price is R1,500,000-00, although he is slightly negotiable.
Everything is still brand new and the Kitchen is equipped with professional baking equipment plus Extraction and a Walk-in Fridge & Freezer. They were starting to do really well as Covid-19 hit the world, and then of course everything came to a halt. They have a very reasonable Rental and are well located near Woolworths in a suburban shopping centre in the North Eastern suburbs of Johannesburg, with lots of secure parking.
A fantastic opportunity for a 'hands-on' Owner/Operator to open his own unique Bakery and Coffee Shop and develop his own Brand, and take the business forward into the future, post Covid-19.
A lovely well designed store, all ready for the taking!!

Property Information

Real Estate:

Lease

Location:

Well located near Woolworths in the North Eastern suburbs of Johannesburg

Business Operation

Reasons for selling:

The Owners wish to move overseas.

Trading hours:

Monday to Friday 7am to 6pm; Saturdays 7am to 4pm and Sundays 7am to 4-30pm.

Employees:
The Staff have ceased to be employed, but key people can be re-employed should the new Owner wish to use them.
Years established:
Opened 10 months ago, but has been closed since 27th March 2020.

Other Information

Support & training:

The Seller will undertake to give the new Owner any guidance necessary including the Menu and their own recipes.

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Business closed / Asset sale:
Yes

Contact Information

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